Mutual Trust Bank Past Earnings Performance
Past criteria checks 5/6
Mutual Trust Bank has been growing earnings at an average annual rate of 16.2%, while the Banks industry saw earnings growing at 10% annually. Revenues have been growing at an average rate of 10.8% per year. Mutual Trust Bank's return on equity is 11.8%, and it has net margins of 22.5%.
Key information
16.2%
Earnings growth rate
15.2%
EPS growth rate
| Banks Industry Growth | 8.5% |
| Revenue growth rate | 10.8% |
| Return on equity | 11.8% |
| Net Margin | 22.5% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Mutual Trust Bank makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 24 | 13,141 | 2,953 | 7,112 | 0 |
| 31 Dec 23 | 13,017 | 2,860 | 6,778 | 0 |
| 30 Sep 23 | 12,665 | 2,043 | 6,597 | 0 |
| 30 Jun 23 | 12,636 | 2,111 | 6,335 | 0 |
| 31 Mar 23 | 12,441 | 2,407 | 6,221 | 0 |
| 31 Dec 22 | 11,832 | 2,369 | 6,157 | 0 |
| 30 Sep 22 | 13,650 | 4,232 | 6,476 | 0 |
| 30 Jun 22 | 12,716 | 3,436 | 6,187 | 0 |
| 31 Mar 22 | 11,675 | 3,005 | 5,887 | 0 |
| 31 Dec 21 | 11,518 | 2,973 | 5,575 | 0 |
| 30 Sep 21 | 9,781 | 701 | 5,113 | 0 |
| 30 Jun 21 | 9,262 | 756 | 5,049 | 0 |
| 31 Mar 21 | 9,065 | 1,038 | 5,025 | 0 |
| 31 Dec 20 | 8,843 | 970 | 5,022 | 0 |
| 30 Sep 20 | 9,517 | 1,347 | 5,118 | 0 |
| 30 Jun 20 | 9,565 | 1,526 | 5,109 | 0 |
| 31 Mar 20 | 9,631 | 1,452 | 5,035 | 0 |
| 31 Dec 19 | 9,239 | 1,338 | 4,639 | 0 |
| 30 Sep 19 | 8,233 | 1,814 | 4,470 | 0 |
| 30 Jun 19 | 7,884 | 1,762 | 4,201 | 0 |
| 31 Mar 19 | 7,789 | 1,784 | 4,137 | 0 |
| 31 Dec 18 | 7,495 | 1,734 | 4,040 | 0 |
| 30 Sep 18 | 7,866 | 2,650 | 3,923 | 0 |
| 30 Jun 18 | 7,729 | 2,431 | 3,853 | 0 |
| 31 Mar 18 | 7,172 | 2,059 | 3,714 | 0 |
| 31 Dec 17 | 6,978 | 1,980 | 3,644 | 0 |
| 30 Sep 17 | 6,494 | 983 | 3,503 | 0 |
| 30 Jun 17 | 6,597 | 1,246 | 3,450 | 0 |
| 31 Mar 17 | 6,689 | 1,430 | 3,429 | 0 |
| 31 Dec 16 | 6,679 | 1,464 | 3,368 | 0 |
| 30 Sep 16 | 6,560 | 1,418 | 3,386 | 0 |
| 30 Jun 16 | 6,539 | 1,506 | 3,319 | 0 |
| 31 Mar 16 | 6,317 | 1,442 | 3,168 | 0 |
| 31 Dec 15 | 6,051 | 1,366 | 3,061 | 0 |
| 30 Sep 15 | 5,924 | 1,309 | 2,917 | 0 |
| 30 Jun 15 | 5,515 | 1,092 | 2,763 | 0 |
| 31 Mar 15 | 5,291 | 1,026 | 2,622 | 0 |
| 31 Dec 14 | 5,019 | 962 | 2,454 | 0 |
| 30 Sep 14 | 5,208 | 1,246 | 2,141 | 0 |
| 30 Jun 14 | 4,641 | 907 | 2,076 | 0 |
| 31 Mar 14 | 4,385 | 757 | 2,089 | 0 |
| 31 Dec 13 | 3,992 | 573 | 2,079 | 0 |
| 30 Sep 13 | 2,859 | -167 | 2,052 | 0 |
Quality Earnings: MTB has high quality earnings.
Growing Profit Margin: MTB's current net profit margins (22.5%) are higher than last year (19.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MTB's earnings have grown by 16.2% per year over the past 5 years.
Accelerating Growth: MTB's earnings growth over the past year (22.7%) exceeds its 5-year average (16.2% per year).
Earnings vs Industry: MTB earnings growth over the past year (22.7%) exceeded the Banks industry 14.9%.
Return on Equity
High ROE: MTB's Return on Equity (11.8%) is considered low.